Best Growth Stocks to Buy for January 5th

Here are three stocks with buy ranks and strong growth characteristics for investors to consider today January 5th:


Inter Parfums


IPAR

: This company which is engaged in the manufacturing, distribution and marketing of a wide range of fragrances and related products, carries a Zacks Rank #1(Strong Buy), and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 4.3% over the last 60 days.

Inter Parfums has a PEG ratio of 1.74 compared with 2.23 for the industry. The company possesses a

Growth Score

of A.


Sociedad Quimica y Minera


SQM

: This company which produces fertilizer and iodine and manufactures industrial chemicals and iodine derivative products and sells in over 60 countries throughout the world, carries a Zacks Rank #1 and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 3.6% over the last 60 days.

Sociedad Quimica y Minera has a PEG ratio of 0.34 compared with 0.65 for the industry. The company possesses a Growth Score of A.


Jabil


JBL

: This company which is one of the largest global suppliers of electronic manufacturing services that offers electronics design, production, product management and after-market services to customers catering to aerospace, automotive, computing, consumer, defense, industrial, instrumentation, medical, networking, peripherals, storage and telecommunications industries, carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 1.6% over the last 60 days.

Jabil has a PEG ratio of 0.66 compared with 0.68 for the industry. The company possesses a Growth Score of B.

See the

full list of top ranked stocks here.

Learn more about the

Growth score and how it is calculated here.


Zacks Names “Single Best Pick to Double”

From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.

It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.

This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.


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